GBPUSD Daily Forecast: March 06
GBPUSD Forecast
The GBPUSD had a bullish momentum yesterday topped at 1.3877. The bias is neutral in nearest term probably with a little bullish bias especially if price able to make a clear break above 1.3877 testing 1.3950 area but as long as stay inside the bearish channel price is still in a bearish correction phase. Immediate support is seen around 1.3820. A clear break below that area could trigger further bearish pressure testing 1.3750 region. Fundamental focus will be on the US NFP number on Friday.
Source: https://fxinstructor.com/blog/gbpusd-daily-forecast-march-06-5
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